Link: Web inventor wants regulation of web

“What’s more, the fact that power is concentrated among so few companies has made it possible to weaponise the web at scale. In recent years, we’ve seen conspiracy theories trend on social media platforms, fake Twitter and Facebook accounts stoke social tensions, external actors interfere in elections, and criminals steal troves of personal data. We’ve looked to the platforms themselves for answers. Companies are aware of the problems and are making efforts to fix them — with each change they make affecting millions of people. The responsibility — and sometimes burden — of making these decisions falls on companies that have been built to maximise profit more than to maximise social good. A legal or regulatory framework that accounts for social objectives may help ease those tensions.”
Original source: Web inventor wants regulation of web

$4.2T in G20 Internet spend by 2016, says BCG and friends

Internet-based economic activity is expected to reach $4.2 trillion in the G-20 nations by 2016, or more than 5 percent of GDP, and this does not include a whole universe of pursuits not captured in GDP figures. The digital economy is growing at 10 percent a year, significantly faster than the economy as a whole. About 2.5 billion people are connected to the Internet today, a third of the world’s population; there are projected to be about 4 billion users by 2020, or more than half the global population.

$4.2T in G20 Internet spend by 2016, says BCG and friends

Fraud in web ad traffic

About 36% of all Web traffic is considered fake, the product of computers hijacked by viruses and programmed to visit sites, according to estimates cited recently by the Interactive Advertising Bureau trade group.

And, web advertising continues to take over US marketshare:

Spending on digital advertising—which includes social media and mobile devices—is expected to rise nearly 17% to $50 billion in the U.S. this year. That would be about 28% of total U.S. ad spending. Just five years ago, digital accounted for 16%.

Fraud in web ad traffic

Nginx now runs ~15% all websites

Started in 2002, and then:

By 2005, there were maybe 100 users, but it was hard for English speakers to figure out how to get up and running. Most of the project’s documentation was in Russian and so was the its most active discussion list. But in 2006, Engish speakers started posting to Ngnx’s discussion list, even as Russian language speakers in the U.S. and other countries helped the project spread, sharing configuration files on blogs and helping to translate the complex documentation so others could pick it up.

…According to Netcraft, Nginx accounts for more than 40 percent of the 12 million websites that run on Amazon’s cloud computing service

Nginx now runs ~15% all websites